House Hacker Autor: House Hacker

House Hacker helps Real Estate Investors to determine the correct price when making an offer on a distressed property. It estimates the repair costs for make habitable, cosmetic rehab or extensive remodel on any residential property in the US.

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The House Hacker extension will provide an overlay of data for most real estate websites including: auction.com, foreclosure.com, homes.com, homepath.com, homesteps.com, hudhomestore.com, mlslistings.com, realtor.com, redfin.com, remax.com, truila.com, zillow.com, ziprealty.com. The information presented features the Maximum Offer that should be made on the subject property based on the estimated After Repair Value, the repair costs for a standard rehab, the soft costs and lending costs and a 10% profit margin. The algorithm used to compute these costs takes into account the square footage of the residence, the labor cost index for the zip code, the estimated hold time based on the repair budget and prevailing hard money interest rates and terms.

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